ram ratna wires ltd (RRW) Snapshot

Ram Ratna Wires Ltd. announced that the Board of Directors of the company at its meeting held on May 18, 2013, the board has considered and approved the recommendation of dividend of INR 0.75 per share (15%) on the paid-up equity share capital of the company.

Ram Ratna Wires Ltd. reported audited earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported net sales of INR 1,874.308 million against INR 1,820.264 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 82.532 million against INR 85.516 million a year ago. Profit from ordinary activities before tax was INR 54.161 million against INR 80.566 million a year ago. Net profit was INR 37.420 million against INR 44.942 million a year ago. Basic and diluted earnings per share was INR 1.70 against INR 2.04 a year ago. For the year, the company reported net sales of INR 6,641.884 million against INR 5,398.235 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 245.789 million against INR 166.171 million a year ago. Profit from ordinary activities before tax was INR 126.379 million against INR 71.080 million a year ago. Net profit was INR 86.937 million against INR 50.883 million a year ago. Basic and diluted earnings per share was INR 3.95 against INR 2.31 a year ago.

Ram Ratna Wires Ltd announced that they will report fiscal year 2013 results on May 18, 2013